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cost. they are slightly connected. so the former initially leads to short term disruptions by adding 10 to 15 days to the time in transit until trade routes are re-established. and secondly, that ties up equipment for longer which leads to tight supply. and then the second point means increased costs which is also two-fold. firstly longer sailing distances means more fuel and costs to operate the ship. and in addition the tightening of the shipping market itself increases the freight rates. and that is where the costs really start to sky rocket. >> before the attacks in yemen, media in iran reported its navy had seized an oil tanker in the gulf of amman and it is now diverted. the vessel was boarded by at least four armed people early

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